Service Provider Network Infrastructure - Turkey

  • Turkey
  • Revenue in the Service Provider Network Infrastructure market is projected to reach US$1.13bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 5.40%, resulting in a market volume of US$1.47bn by 2029.
  • The average Spend per Employee in the Service Provider Network Infrastructure market is projected to reach US$31.26 in 2024.
  • In global comparison, most revenue will be generated in China (US$45,360m in 2024).

Key regions: United Kingdom, Japan, India, United States, Germany

 
Market
 
Region
 
Region comparison
 
Currency
 

Analyst Opinion

The Service Provider Network Infrastructure Market in Turkey is experiencing subdued growth due to various factors such as slow adoption of digital technologies, lack of health awareness among consumers, and limited convenience offered by online services. Despite this, the market is still expected to grow in the coming years.

Customer preferences:
In Turkey, there has been a noticeable increase in demand for advanced network infrastructure solutions by service providers. This can be attributed to the rising popularity of online gaming and streaming platforms, as well as the growing trend of remote work and virtual meetings. As a result, there has been a shift towards investing in high-speed, reliable network infrastructure to meet the increasing data demands of consumers. Additionally, the rise of e-commerce and online shopping has led to a greater need for secure and efficient data transmission, further driving the demand for advanced network infrastructure.

Trends in the market:
In Turkey, the Service Provider Network Infrastructure Market within the Network Infrastructure Market of the Data Center Market is experiencing a shift towards cloud-based services, as more businesses adopt digital transformation strategies. This trend is expected to continue, driven by the increasing demand for data storage and management solutions. As a result, there is a growing need for high-speed, reliable network infrastructure to support these services. This presents opportunities for industry stakeholders to invest in advanced technologies and partnerships, while also facing challenges such as cybersecurity and regulatory compliance. Overall, the trajectory of these trends suggests a strong growth potential for the Service Provider Network Infrastructure Market in Turkey.

Local special circumstances:
In Turkey, the Service Provider Network Infrastructure Market of the Network Infrastructure Market within the Data Center Market is heavily influenced by the country's strategic location as a bridge between Europe and Asia. This has led to a high demand for data center services, particularly from global companies looking to establish a presence in both regions. Additionally, the government's support for the development of the digital economy through initiatives such as the Digital Transformation Office has created a favorable environment for the growth of the service provider network infrastructure market. The unique combination of geographical and regulatory factors make Turkey a key player in the global data center market.

Underlying macroeconomic factors:
The Service Provider Network Infrastructure Market within the Data Center Market in Turkey is also impacted by macroeconomic factors. The country's strong economic growth and increasing investments in data center infrastructure are driving the demand for network infrastructure solutions. Additionally, the government's efforts to attract foreign investment and improve digital infrastructure are creating a conducive environment for market growth. However, the ongoing political and economic uncertainties in the region may hinder market growth to some extent. Moreover, the increasing demand for cloud services and the adoption of emerging technologies like IoT and AI are also contributing to the growth of the network infrastructure market in Turkey.

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on hardware-related expenses of businesses for setting up and maintaining an IT infrastructure.

Modeling approach / Market size:

Market sizes are determined through a top-down approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports and national statistical offices. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of digitization. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing and the S-curve function, is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
Please wait

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Ayana Mizuno
Ayana Mizuno
Junior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)